Tag Archives: capitalism

Unless you’ve been in a cave, you will have heard the good news: George Osborne has found work at long last! The former Chancellor will soon be the editor of The Evening Standard, the only free London newspaper, distributed at tube stations across the city. Plenty of people have raised the issue of a conflict of interests, losing track of who has gone through the spinning door. The full picture is far more absurd than one politician’s decision. The Evening Standard is owned by Alexander Lebedev and watched over by his son Evgeny. Former editor Sarah Sands is going to take up a new … Continue reading

In a little over 70 pages, Theresa May has confirmed the worst nightmare for Remainers. Not only is Britain leaving the EU, we are leaving the single market and the customs union too. This may mean immigration controls are being placed before economic growth. The political is being put before the economic. This is what she meant when she engaged in such sloganeering as “red, white and blue Brexit”. Speaking at Lancaster House, May deployed the language of internationalism, Theresa May laid out the contours of the plan for Britain to leave the EU and become a “great, global trading nation”. … Continue reading

Alongside his depiction as a “brutal dictator”, negative reflections on Fidel Castro since his death on November 25 have focused on his “mismanagement” of the Cuban economy and the consequent “extremes of poverty” suffered by ordinary Cubans. This caricature is problematic – not only because it ignores the devastating economic impact of the United States embargo over 55 years, but also because it is premised on neoclassical economic assumptions. This means that by stressing economic policy over economic restraints, critics can shift responsibility for Cuba’s alleged poverty on to Castro without implicating successive US administrations that have imposed the suffocating … Continue reading